Dodging the Debt Ceiling ft. Ben Ritz
The New Liberal Podcast
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The Debt Limit and the Interconnectedness of the System
If the US hits this limit and it doesn't get raised, why would that actually be really catastrophic? What's the logic behind that? So it's because of the role that the government plays in our financial system. And so as interest rates on Treasuries go up, interest rates on everything is also going to go up.
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